₦airaland Forum

The World Bank and some multilateral agencies in Washington have applauded the power sector recovery plan of Minister of Works, Power, Housing, Mr Babatunde Fashola, and offered to render financial support.
Minister of Finance, Mrs. Kemi Adeosun, who disclosed this as head of Nigeria’s delegation to the World Bank-IMF meetings in Washington, USA, also reassured Nigerians that the cash recoveries being made by agencies of government in President Muhammadu Buhari’s anti-corruption drive would not be re-looted
Fashola
She quoted the World Bank and IMF as saying that the power sector recovery plan of Fashola was realistic.
In a meeting with the agencies, Fashola was said to have presented the power plan, which was approved by the Federal Executive Council, FEC, only about a month ago, and secured the support of the financial institutions.
According to Adeosun, at a press briefing in Washington, “what the power sector recovery plan has done is to look at all the problems really honestly. The multilateral agencies have looked at the plan we have put together and they like it because, as they said it is realistic.
“We have really dimensioned all the issues from GenCos to DisCos to end users to metering, and one thing that everybody is very clear of is that it is a big problem.
“So, it is a large problem that will take some time to solve, but the most important thing is that there are milestones of what we are expecting to see.
“The multilateral agencies have pledged their support financially, because those investments are tied to certain results. For example, if you look at the issues around the transmission, power is generated, but can’t be evacuated because the transmission capacity is not there. So, just investing in the transmission capacity in certain areas will change the power outlook.
“From the impression I got, yesterday, from the meeting,they were optimistic that if we actually implement what we’ve planned, and the Minister of Power, Works and Housing was very emphatic that he is going to drive the implementation.
“I feel quite optimistic that it is realistic. We are not saying throw away your generator by December, it is a realistic plan, but it is going to take time.
“If we have power, a lot of factories that have closed down can re-open. So, it ties with our Economic and Recovery Growth Plan.’
Recovered funds will not be re-looted
On recovered funds, she assured that the money would not be re-looted, stressing that the country now has a single account for reconciling recovered funds, to avoid re-looting.
She said: “We have a recovery account. All the recovered monies go into the recovery account which we reconcile.
“Now, in the budget, there was the provision that some recovered monies would go into it and that goes into specific projects in the budget. Any excess recoveries, we have to wait and take some decisions. So far, we have recovered up to the amount we are expecting in the budget.
“But what we are trying to do is to make sure that there are controls, that was why we created a central recovery account. What we also discovered is that so many agencies are recovering and we must keep and eyes on those recoveries, otherwise there is the risk of re-looting.”
“So, all the agencies that recover send us their returns monthly and then we sweep it into a central account, which is kept by the Accountant General so that we can reconcile.
“Even some of the cash that is recovered, we have to make sure it goes into the bank. You’d be surprised, some agencies will recover cash, and they think it is evidence, and we are saying no, it’s money, put it in the bank.
“This is something that is new and I think it is a good thing. As we recover more, we get better at it. It is a new thing in Nigeria.”
According to SBM Intelligence, a consulting firm, the Economic and Financial Crimes Commission (EFCC) has recorded 38 recoveries, which amount to N146.4 billion, $217.3 million and £2.074 million, as at April 19, 2017.
http://www.vanguardngr.com/2017/04/world-bank-applauds-fasholas-power-plan-offers-financial-support/

cktheluckyman:
Story for the gods. Why on earth is the NIA DG not in custody? No mater how the APC media spins this ,we will never be deceived. The party will be kicked out in 2019 and true probe instituted into this shameful probe and cover up!!

This is sad.
67.2 Billion that could have built good schools round all the corners of Nigeria.
67.2 Billion that could have built world class specialist hospitals in all the States in Nigeria.
67.2 Billion that could have revamped our refineries.
67.2 Billion that could have built good roads around the Country,especially those bad roads in the East.
67.2 Billion that could have equipped our Military to be one of the best in the world.
67.2 Billion that could have touched everybody's life one way or the other in Nigeria.
But what happened?Goodluck Jonathan led a very organized crime ring,to KILL and BURY Nigeria.
About 15 people stole what belongs to almost 200 Million people.
If you are still supporting the last Government. Just walk slowly to the "Mirror" in your bathroom,and very slowly whisper to yourself " I was Born a Fool"
Then come back to this thread ,and look at the amount again "67.2 Billion" and then repeat the " I was Born a fool" again.

RIP Ugo, i remembered ur time @ borogh sleep well brother!

post=55767018:
How about you backward state governor must you all come from no man's land Oya show us the ones constructed by Apapa chairman

ebo and insult is like apu and fufu shmmmm

post=55625338:
Conehead I guess Ambode was the one that constructed these bridges in Anambra
Gov Obiano built four bridges and three flyovers within three years of his administrations

you try but i think only apapa local government can do better than this

efcc is working haters are hating

aloziedaya:
This happens onlynin a zoo.
And Nigeria is one.

Al mustapha is supposed to have decayed in the grave since.

Afonjas, behold your best friend!

tell that to Jonathan

JayJohnson:
Mbanu, Nigeria is a joke, even murderer dey float political party
Odikwa serious

Jonathan why?

olayinks007:
Nt suprise an ex convict becoming relevant in politics. #Na2day . Naija whr evrytin is possible mostly in politricks abi na polithieves.

you see why jonathan is a foolish man smh

sirusX:
You wan relegate pidgin english??

ghana speak pidgin too and their official language is Ashanti just like south africa with Swahili

name checker association of nigeria- na yoruba ma!

i think fg should make yoruba as our official language

funny man

By Levinus Nwabughiogu
ABUJA —Vice President Yemi Osinbajo has said that Nigeria was better off staying together as one, united and indivisible nation than disintegrating into small units.
Yemi Osinbajo
Osinbajo, who made the observation while playing host to Arewa Consultative Forum, ACF, in his office at the Presidential Villa, Abuja Tuesday, said those yearning for secession were ignorant of the implication of their struggle.
The vice president appealed to well-meaning Nigerians to ignore those who saw no good in the unity of the country.
He said: “A lot of those who say we are better divided as a nation, don’t understand that the greatness of this country lies first in its diversity and then its size.
“It is better to be a part of a great thing than to be one tiny part of something that is not necessarily great.
“So, I think that we must not allow those who advance personal causes to defeat the very strong objectives of bringing this country together as a nation and forging ahead.’’
He told the delegation that President Muhammadu Buhari was one leader who possessed the willingness and passion to ensure the country remained united.
He added that the President had shown that the country had men who were determined to remain honest, straight forward and able to speak their minds without deceit.
Osinbajo, who was presented with publications of ACF by the Deputy Chairman and leader of the delegation, Alhaji Musa Liman Kwande, also expressed support for the proposed security summit being organized by the Forum.
He also underscored the importance of the security summit at this time in the nation’s history, noting that the security of the nation was a very important one.
http://www.vanguardngr.com/2017/04/better-off-together-one-nation-osinbajo/

Emekamex:
Another lie from Lai

https://j.gifs.com/VmDo6B.gif

yes too beautiful

Emekamex:
Another lie from Lai

https://j.gifs.com/VmDo6B.gif

yes too beautiful

Lol

By Levinus Nwabughiogu
ABUJA-Who is Presidency? This was the question the suspended Secretary to the Government of the Federation, SGF, Engr. Babachir Lawal fired back at State House correspondents who had accosted him to respond to the news of his suspension.
Secretary to the Government of the Federation, Mr Babachir Lawal briefing State House Correspondents after leaving the Presidential Villa Abuja after the announcement of his suspension in Abuja on Wednesday
Lawal was seen coming down from the office of the Vice President, Yemi Osinbajo at the Presidential Villa, Abuja minutes after a statement suspending him was released by the Presidency on Wednesday.
The SGF who was apparently reluctant to speak to Journalists on sighting them kept on walking his way out of the Villa.
But Journalists followed suit.
Persuaded to speak, the SGF in bits told Journalists that his suspension was news to him.
The interview with him went thus:
Journalists: Your suspension has just been announced. How will you react to the development?
Lawal: Who announced it?
Journalists: The Presidency
Lawal: Then ask them. Why are you asking me? Who is the Presidency?
Journalists: Have you been informed of the suspension?
Lawal: By who? About what? What about you? Have you been informed?
Journalists: Yes sir.
Lawal: By who?
Journalists: By the Presidency, sir.
Lawal: I have not seen it. I should have been given… I have not seen the press release so I cannot comment on it.
Journalists: It is currently trending online. Are you doubting the authenticity of the statement?
Lawal: I have not seen it.
Journalists: Tell us the outcome of your meeting with the Vice-President sir.
Lawal: I am always here. I always meet the Vice-President. I used to come here even before I was made SGF.
http://www.vanguardngr.com/2017/04/lawal-who-is-presidency/

nice one our beautiful finance minister

By Emma Ujah, Abuja Bureau Chief
ABUJA— Finance Minister, Mr Kemi Adeosun, yesterday, told the World Bank and parliamentarians from across the world that the whistle-blowing policy of the Federal Government was very successful.
Speaking at the global parliamentary conference hosted on the sidelines of the World Bank and IMF spring meetings in Washington DC, the minister highlighted Nigeria’s economic reform agenda and the need for strong executive and legislative collaboration.
She said: “We are going after those who have stolen our money. We have put in place a very successful whistleblower programme that is delivering results, and allows those who report illicit activity to receive up to 5 percent any funds that we recover.
“We are also significantly improving our financial management controls to ensure that it is considerably more difficult for public funds to be diverted. We have to do more though and that means collaboration with the legislature.
“We need tighter tax and financial reporting legislation and to ratify bilateral agreements so that our enforcement agencies are empowered to deliver the results that we need.”
The whistle-blowing policy has aided the Economic and Financial Crimes Commission, EFCC, in making recoveries across the country.
Adeosun also called for greater focus on collaboration in battling illicit financial flows from Africa, adding that this was a core pillar of the government’s strategy to significantly enhance domestic government revenue and deliver sustainable economic growth.
She said: “The government is focused on resetting the Nigerian economy by addressing our traditional over-reliance on oil revenues and establishing the basis for sustainable non-oil revenue growth.
“To improve non-oil revenues, we have to address illicit capital flows. When stolen money is transferred from Nigeria, or other African countries, there are too few questions asked by those countries that receive the funds, but when we identify those funds as stolen and seek to recover them, there are too many questions being asked.
“There is money sitting in foreign bank accounts that we have spent over a decade trying to recover. That is money that could deliver significant value for Nigeria as we seek to increase spending on critical infrastructure and establish a basis for long term sustainable growth.”
http://www.vanguardngr.com/2017/04/chasing-stole-money-adeosun-tells-world-bank/

ZarZar:
Apparently it's to get citizenship.

Lol

restructure or no restructure no be person like atiku we need

By Elizabeth Uwandu
Lagos—The Minister of Information and Culture, Alhaji Lai Mohammed, yesterday said that the country is too beautiful and great to disintegrate.
Mohammed spoke as the chairman at Lagos State University, Ojo maiden discovery lecture,tagged: Can Nigeria survive another century as a corporate entity, delivered by Chief Joseph B. Oke,”
Dr Rahman Yusuf, Director, Research and Innovations, National Universities Commission, NUC, who represented the Minister, in his opening remark called on Nigerians to shun predictions that Nigeria will break.
Lai Mohammed
His words: “Everyone has a role to play in the unity of the country. As people predictions that Nigeria will disintegrate did not come to pass. We all have endeavour that Nigeria despite being a developing nation attains greatness. “ added Dr Yusuf.
In his address, the representative of Lagos state Governor Akinwunmi Abode of Lagos, and chief host at the event, Mr Obafela Bank Olemoh said that; ‘’Despite the aptness of the lecture’s title, the main issue Nigeria has to deal with was, how she will survive as a corporate entity for hundred years to come?’’
On his part, Vice Chancellor, LASU, Prof. Lanre Fagbohun said the aim of the lecture was to bring stakeholders together to discuss among other things fundamentals to building a united nation.
The guest speaker, Chief Oke, the immediate past chairman, Leventis Group, in his lecture observed that despite the question of Nigeria survival as entity been as old as the amalgamation; successive governments have refused to do a review of the country at its 100 years of nationhood.
Prof. Biodun Akinpelu, Director Centre for General Nigerian Studies, and the organiser of the lecture called on government to put structures in place as this will reduce the agitations by the masses. “When Nigerians are being listen to by the leaders, the issue of breaking up will be out of the place.”
http://www.vanguardngr.com/2017/04/nigeria-beautiful-disintegrate-lai-mohammed/

obaino860:
The fourth pic is not Lagos, but a city in Morocco....though I have forgotten the name...
But kudos to lagos

the fourth pic is ozumba ibadiwe road by civic center

lol so ipob is now friend with Muslim county

By Vincent Ujumadu
Awka—THE Indigenous People of Biafra (IPOB) has commended the government and people of Turkey for their support towards the restoration of Biafra.
IPOB media and publicity secretary, Mr. Emma Powerful said in a statement in Awka yesterday that the Turkish government had on April 7, 2017 recognized the people of Biafra in Turkey and the IPOB leader, Mazi Nnamdi Kanu, who is being detained at the Kuje Prison, Abuja.
He said the Turkish government had also publicly pledged to put in motion an effective strategy that would help in the restoration of Biafra and facilitate the release of Kanu and others being detained along with him.
IPOB members on solidarity march
According to Powerful, Kanu had on two occasions, been granted bail by two separate courts, but was yet to be released by the government.
He said: “This recognition and support from the Turkish government proves to the entire world that the unique model of liberation adopted by our leader, Nnamdi Kanu, is yielding the desired results because Biafra is at an unprecedented height in terms of global acceptability and grassroots awareness.”
Powerful added that the Turkish government had also promised IPOB under the leadership of Mazi Nnamdi Kanu, that it would take the struggle for Biafra independence to the United Nations and other relevant organizations in the world, adding that Turkey’s action had opened the way for other countries of the world to stand bold to defend the people of Biafra in Nigeria.
http://www.vanguardngr.com/2017/04/ipob-commends-turkey-supporting-biafra/

small boy indeed

By Nwafor Sunday
Osita Okechukwu , the Director-General of the Voice of Nigeria, VON, today in Enugu, described the imprisoned leader of the Indigenous People of Biafra, IPOB, Mr. Nnamdi Kanu as a boy for calling Nigeria a zoo. He allegedly told newsmen that Kalu went to a radio station to rant and try to separate blessed Nigeria.
Leader of the Indigenous People of Biafra, IPOB and Director of Radio Biafra, being arraigned in Court on Tuesday, April 26, 2016.
Okechukwu, who is a Chieftain of the All Progressive Congress, APC, while speaking with ‘New Telegraph, noted that he would cherish to see Nnamdi Kalu released.
He posits, “This is a boy, who is living in United Kingdom and has little or nothing do to with us here, I don’t know why he needs Biafra as a country.
“Has the Supreme Court said he should be released? To me, the Igbos are highly accepted in this country. Forget about the civil war because most countries also passed through the same road, even the United States.
”So, we must forget about the past and move ahead. If you look at it democratically, the Igbos have never at a time said they want to leave Nigeria”, he said.
http://www.vanguardngr.com/2017/04/nnamdi-kalu-boy-calling-nigeria-zoo/

“My wife is sleeping with her pastor, when I got to know I confronted her and she confessed to me.
“Apart from having sex with her pastor, she was also cheating on me with my younger brother,” he said.
The respondent also said that his wife was violent in nature.
“There was a day we had disagreement, she picked up a stone and broke the windscreen of my car,” the petitioner said.
He said that Ogechi ran away with their children to her village when he told her that he would drag her to his family to confess.
“Last year, my wife absconded with our children to her village without my consent, she later sent me a message that she had gotten to her family in Imo and that she is no longer interested in the marriage.
“The children have stopped school since last term because my wife refused to bring them back to Lagos.
“One of my children who was due to write common entrance missed it.
“Her brother called me and told me that I should come and take the children that if I leave them for my wife, they may die of starvation.
“Please grant me the custody of my children because my wife is not working, she cannot take care of them, she just wants to punish me by denying me access to them,” he said.
Stephen, however, told the court not to grant his wife’s wish for the dissolution of their marriage, saying that he still loves her and the children will need a mother to live with.
The petitioner, Mrs Ogechi Stephen, had approached the court seeking to end her 13-year-old marriage over frequent beatings and drunkenness.
She said that her husband beat her on slightest provocation.
“He always beat me during heated argument, I live every minute of my life in fear, our marriage had been turbulent and fraught with fights and quarrels, no peace of mind.
“There was a day my husband threatened to pour fuel on me, as he was bringing the fuel towards me, I quickly ran for my dear life.
“There was a night he was inciting incantation calling demonic power to kill me,” the estranged wife said.
The 42-year-old woman said that her husband drinks and smokes heavily.
“My husband drinks to stupor and smokes, after which he usually loses self-control,” she told the court.
The mother of four said that her husband packed her belonging to her village claiming that he was no longer interested in the union.
She begged the court to dissolve the union, saying that she was no longer in love with Stephen.
The court president, Mr Adegboyega Omilola, adjourned the case to June 6, for further hearing.
http://www.vanguardngr.com/2017/04/wife-sex-pastor-younger-brother-man-tells-court/

By Levinus Nwabughiogu
ABUJA – Vice President Yemi Osinbajo has warned that Nigeria would be plunged into deep trouble if the present war against corruption was not won.
Buhari
He said that corruption was fiercely waging reprisal attacks in the States, but assured the public that President Muhammadu Buhari was committed to sustaining the anti-corruption fight to ensure that the system was cleaned up and government business done the right way.
He also called for a re-orientation of the Nigerian people.
Speaking during a courtesy visit to him by the Nigerian Association of Law Teachers in the State House, Abuja on Tuesday, Osinbajo noted that Defence contracts of $15 billion for which many individuals were being prosecuted “is half of our country’s foreign reserves.”
He said: “If we are not able to sustain the trouble against corruption, we will end up in a very, very bad way as a nation.
“We have seen it in so many different ways that at almost every state, corruption fights back and fights very fiercely.
http://www.vanguardngr.com/2017/04/nigeria-trouble-buharis-anti-corruption-fails-osinbajo/